Wences Casares (Bling Nation & Lemon Bank) - The Value of True Partnerships

Entrepreneurial Thought Leaders (ETL)

Stanford eCorner

Journey, Startups, Education, Stanford, Culture, Strategy, Stanford University, Entrepreneurship, Business, Life Lessons, Thought Leadership, Creativity, Etl, Challenges, Leadership, Innovation, Founders

4.4 • 739 Ratings

🗓️ 18 May 2011

⏱️ 59 minutes

🔗️ Recording | iTunes | RSS

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Summary

Wences Casares and Meyer "Micky" Malka are serial entrepreneurs who believe in the fundamental power of partnerships. Empowered by working in close collaboration for years, these co-founders have started multiple companies including Patagon, Lemon Bank and Bling Nation. In this revealing lecture, Casares and Malka describe the value of over-communication, the decision process in making a pivot, and the challenges of entrepreneurial ecosystems outside the United States.

Transcript

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0:00.0	You are listening to the DFJ Entrepreneurial Thought Leaders series,
0:07.0	brought to you weekly by the Stanford Technology Ventures Program.
0:10.0	You can find podcasts and videos of these lectures online at eCORner.
0:15.0	.standford.edu.
0:18.0	Today's guests are very, very special to me.
0:21.6	I met both Mickey and Wences a couple of years ago down in Chile and was totally impressed.
0:28.6	The two of them have started several companies together and really made some terrific contributions.
0:34.6	Wences is originally from Argentina and Mickey is from Venezuela and
0:40.3	they've got a great story about how they met, how they got together, what brought them here to Silicon Valley and all the adventures they've had.
0:48.3	I know that they're going to tell us a lot about what it means to be an entrepreneurial team and what's made them so successful.
0:55.0	They are the co-founders currently of Blaine Nation, and I can't wait to hear their story.
0:59.8	Without further ado, once it's a minute.
1:04.3	Thank you very much, Tina.
1:09.0	Thank you very much for having us.
1:11.6	When Tina invited us to talk, she suggested a theme that we have informally talked with Tina and
1:20.6	with others about that is the importance of an entrepreneurial partnerships. The partners you start something with, the co-founders, if you will.
1:31.3	And we've talked a lot about it, and it's something that we paid a lot of attention.
1:35.3	Mickey and I have been working together for over 13 years, but we've never given a talk like this about it.
1:40.3	So it made it at the same time very interesting to do something that we
1:45.0	haven't done before, but also more challenging than repeating some talks that we have
1:49.9	done before. We believe that we have that we have that we do a lot of, or not a lot, but a
2:00.0	little bit of angel investing, and we realize that when we look at a very early stage company that we are considering on investing,
	...

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